About HAHYX
Hartford High Yield Fund Class Y is a mutual fund designed to deliver high current income and long-term total return through investments primarily in high yield bonds. It normally allocates at least 80% of its assets, and potentially up to 100%, to non-investment grade debt securities, focusing on issuers' free cash flow generation amid varying macro environments. Sub-advised by Wellington Management, the fund employs a disciplined, collaborative process leveraging global research across asset classes, resulting in a diversified portfolio of 352 holdings with an effective duration of 2.77 years and a yield to worst of 6.21%. Sector allocations emphasize consumer cyclical (19-20%), financial institutions (15%), communications (15%), and energy (11-12%), with top holdings including CCO Holdings (2.32%), CHS/Community Health Systems (1.37%), and EchoStar Corp. (1.33%). It pays monthly dividends, maintaining a trailing 12-month yield of 6.41% and an expense ratio of 0.66%, positioning it within the high yield bond category for income-oriented fixed income exposure.
Fund Family Hartford Mutual Funds
Category High Yield Bond
Stock Exchange NASDAQ
Ticker Symbol HAHYX
Share Class Class Y
Index Bloomberg U.S. Corporate High Yield TR
HAHYX had a total return of 8.89% in the past year, including dividends. Since the fund's
inception, the average annual return has been 13.33%.